China on Thursday criticized the United States for raising tariffs on its imports, vowing not to yield to what it called “coercion” and “threats.”
The Chinese Foreign Ministry warned that trade wars produce no winners.
“China has a clear and consistent position. Whatever kind of war it is—a tariff war, a trade war, a cold war, or a hot war—it should not be fought and cannot be won,” ministry spokesperson Lin Jian said.
The U.S. has raised tariffs on Chinese imports twice since former President Donald Trump took office. The latest measures could impact China’s economic growth by reducing exports, prompting Beijing to focus on boosting domestic production and consumption.
Chinese Minister of Commerce Wang Wentao acknowledged challenges for the country’s exporters, along with a slowdown in consumer spending.
“We need to note that domestic demand remains sluggish and the potential of consumer spending is yet to be fully released. Specifically, the main problems with consumption include weak capability, low willingness, and dampened demand,” Wang said.
In response, China has imposed duties on U.S. goods, including a 15% tariff on key agricultural imports, alongside other trade restrictions.
Despite tensions, Wang emphasized that Beijing remains open to resolving trade disputes, calling for mutual respect in economic relations.